p2pvoice retweeted
Updated LCF compensation bill just published.
Date of second reading not yet announced.
commonslibrary.parliament.uk…
p2pvoice retweeted
“This has been a difficult time for LCF bondholders, many of whom are elderly and have lost their hard-earned savings. However, the situation is unique and exceptional and the government has decided to establish a compensation scheme for LCF bondholders in this instance.”
Taxpayers will pay £120m to reimburse nearly 10,000 savers who invested in minibonds through the defunct London Capital & Finance thetimes.co.uk/article/treas…
Victims of financial fraud stand no chance.
Health Secretary did nothing wrong over shares in sister’s shredding firm, government says bit.ly/3uYmlRr
p2pvoice retweeted
‘The FCA should be disbanded’ – 60 Seconds with whistleblower champHalford-Hall - Citywire @Transparency_ie @anticorruption @TransparencyTF @ByDonkeys @BylineTimes @Nat_Worst @CYBG_RemSupGrp citywire.co.uk/new-model-adv…
p2pvoice retweeted
Please retweet to help find this man seen carrying a dog by his collar #Dagenham #EastLondon
Pictured 29 March Parsoles Park before getting in a BMW, if you know who he is call @RSPCA_official Chris McGreal 03001238018
#dogs
p2pvoice retweeted
FCA call centre failing submitted to @CommonsTreasury since @TheFCA had said at the hearings that the issue had been “addressed”.
#fundingsecure administration charged lenders 1000’s on 3 legal opinions that allowed them to charge lenders more % judge ruled this increase illegal. Administration said the money due lenders is gone because they spent it on court fees contesting lenders claim. @TheFCA
p2pvoice retweeted
Financial Ombudsman Service branded ‘unfit for purpose' dlvr.it/RwjNl2
#fundingsecure Administration told 5% surcharge on recoveries on top of agreed 2.5% agreement is illegal. Administration tells court they no longer have the money to repay lenders. @TheFCA Nice work!!!!
p2pvoice retweeted
“A carrot had been dangled but three months on, there has been no communication, no information, and it appears that no one is taking responsibility.”
John Glen told the Daily Telegraph that the LCF compensation scheme was “right at the top of my agenda”.
Apologies are meaningless. What are you going to do? @TheFCA
Bank of England governor Andrew Bailey has apologised for his role in failing investors of London Capital & Finance, amid rising pressure on the former watchdog boss about his ties to the RBS GRG scandal trib.al/7sor3BT
UK Govt rushes the Police, Crime, Sentencing and Courts Bill though Parliament. It will criminalize protests, an assault on civil liberties. Almost all our rights are because of protests. Govts quashing civil liberties open the door to violent backlash.
independent.co.uk/news/uk/po…
p2pvoice retweeted
Great value for the taxpayer, I'm sure 🤔
news.sky.com/story/colourful…
p2pvoice retweeted
It seems Mr. Bailey has difficulty keeping his name off the continuous streams of scandals coming out! #RBS , #LCF....... How did he manage to take one crucial role of governor of the Bank of England!
